As a matter of fact, yes. I consider the time value of money on any investment, whether a car, house, and most importantly stocks.
If you are not making money, you are losing it.
Inflation and time are enemies of any investor.
I would be happy to trade flip this stock like a hotcake if I could spread a 2 point gain as you suggest. - I'm sure dave would agree. For a .002 - it's just not worth it.
But you miss the point.
I do have a core position in this stock, not nearly as much as I used to back in march. I would have been patient to let it go up. That's not what happened. Management began issuing false statements about when the pilot plant "will have begun", Confusion about when money was recieved, share dillution, and finally enormous salaries and finally delays and more empty promises.
I got out close to 800% on some lots.
You stayed in, and some new guys showed up.
So, yeah I cry all the way to the bank, but still I cry, because I do see the potential this company could have.
How come CCTC doesn't even have a handful (10) of employees to put the D IN R&D?
Because the CEO thinks that millions of share aren't enough. H e
Gives more than $1M to the good old boys.
And you defend him.
Any way, I decided you deserved a response to your angry post. Because at least you had a point to debate rather than some boring pump post. So thanks for that. And here you go.
Just remember my posts that saw this stock going much higher, and why it didn't.
You were there, The charts don't lie.
Sentiment: Strong Sell